Six Marketing Activities:

Market research: Finds or collects data to help solve marketing problems. Use market research to find out questions such as; Where do I source my used product, what will people buy, what do they like, what do the need, how will I tell my potential customers about what I make, should I advertise?if so where, where should I sell my products, who else is making similar products Product development: The creation of products with new or different characteristics that offer new or additional benefits to the customer. Product development may involve modification of an existing product or its presentation, or formulation of an entirely new product that satisfies a newly defined customer want or market niche. Pricing: Add together your total direct materials costs, your total direct labor costs and your total manufacturing overhead costs that you incurred during the period to determine your total product costs. Divide your result by the number of products you manufactured during the period to determine your product cost per unit. Advertising and Promotion: Ad outlines the features and benefits of the product, such as: unique and creative designs, <ade from recycled fabric and, therefore, environmentally friendly, canadian made, effective Sales: Sale methods including; Selling at popular product shows, selling products to retailers, opening your own store, selling online Logistics: The management of the flow of goods and services both into and out of an organization; consisting of transportation, inventory management, warehousing and storage, and packaging.